
São Tomé and Príncipe Unveils Citizenship by Investment Program with Dubai Hub
Effective August 1st, the program offers second citizenship in 6 weeks via Dubai-based PPP. From $90k donation + $5k fee (single applicant).
The UAE is used to being considered a place without taxes. The reason for this is the almost complete absence of taxes for individuals on income, and minimal tax burden for businesses and entrepreneurs. Perhaps the only tax that can be mentioned is VAT at the rate of 5%, which, however, still does not apply to tourist purchases.
As for corporate tax, it is 9%. However, even this small tax by world standards can be reduced to zero if a number of conditions and regulations are met.
Effective August 1st, the program offers second citizenship in 6 weeks via Dubai-based PPP. From $90k donation + $5k fee (single applicant).
Starting August 20, certain visa applicants must post bonds up to $15,000. The program explicitly targets Citizenship-by-Investment holders over vetting concerns. Initially affects Malawi/Zambia nationals, but CBI countries face potential inclusion with 15 days' notice. 30-day stay limit applies.
Foreign investors can now fast-track Argentine citizenship without residency requirements under President Milei’s new decree. Significant investment unlocks visa-free access to 162 countries, affordable living & Latin America’s dynamic economy. Details pending Economy Ministry guidelines.